It’s Monday – and if you’re looking for a cheap mortgage to buy a new home, today should be a good day.
That’s because today the 50-basis point premium cut from the Federal Housing Administration (FHA) went into effect.
So with practically nothing down, unless you consider 3.5% down something, you can get a cheap loan through the FHA, one of those government agencies that was supposed to be getting out of that business.
But here’s a tip. Don’t be in a rush today – or tomorrow, for that matter.
Pssst! Do you want to make some money trading some initials? Real easy money?
For real. I just made my subscribers 382% trading these initials. And we’re not done. After closing out our 382% gain, we’re in the same trade again, and we’re up 180% in just a few weeks – and still going.
We’re also in a conservative trade, trading the same initials mind you, and we’re up 41% there.
The initials are EUO. EUO is an ETF (exchange-traded fund).
As soon as you read this “ECB and EU LTRO and QE for Dummies” explanation, which would take even a dummy about two minutes to read and understand, I’ll share both of these trades.
Netflix Inc. (Nasdaq: NFLX) shares soared nearly 18% yesterday on an earnings boost. The streaming media service handily beat Wall Street‘s per-share earnings estimate of 44 cents, posting an EPS of 72 cents.
But investors tempted to buy Netflix stock need to be cautious. On Fox Businessyesterday, Shah warned viewers to watch Netflix’s volatility.
To see whether Shah likes Netflix right now, check out his TV appearance below.
The U.S. Securities and Exchange Commission, the undisputed top cop on the Street beat, has its work cut out for it. The enforcers at the SEC have to juggle what and whom they go after because, after all, they don’t have unlimited resources.
We all get that.
What I don’t get is why they drop the ball on some of the biggest schemes staring them right in the face.
Take “fair and orderly” markets for example.
They’re not always orderly, and the truth is they aren’t fair.
The folks at the SEC know this. So why have they taken so long to do so little about it?
Shah talked about the market sell-off with Stuart Varney on Fox Business earlier this week. After discussing whether now is the time to be buying stocks, he took a look at several specific companies. Tesla Motors Inc. (Nasdaq: TSLA), Alibaba Group Holding Ltd. (NYSE: BABA) and Chipotle Mexican Grill Inc. (NYSE: CMG): Which are buys and which are scary? Shah lets us know. Click here.
Rattlesnakes rattle their tails as a warning. It’s their way of saying, “I’m ready to attack you to defend my ground,” which really means defend myself.
All politicians are snakes. And some of them are rattlesnakes – but only if they have to be.
Most of them would prefer to silently slither in and out of their offices defending their self-interests. But sometimes a politician has to rattle his tail because his constituents’ interests are threatened – meaning his campaign contributions (money) and votes are threatened.
Republicans have been doing a lot of rattling lately, since they are now the majority species in the deep, dark den known as Congress.
Me, I used to be a staunch Republican. I still adhere to the basic Republican principles of smaller government, lower taxes and a “constructionist” view of the U.S. Constitution, not an interpretive one.
But I’m disgusted with the Rattlesnake Republicans who are pandering to crony capitalists. Their greedy, pro-super-wealthy and big-business agenda isn’t about the good of the country, but about lining their own pockets and becoming super-wealthy themselves.
No one wants a broken toy. Shah talked with Stuart Varney on Fox Business about just how low some major market darlings are about to plummet – Tesla Motors Inc. (Nasdaq: TSLA), Amazon.com, Inc. (Nasdaq: AMZN), Google Inc. (Nasdaq: GOOG) and Netflix Inc. (Nasdaq: NFLX) among them.
And that’s not all. We should expect a rocky first quarter ahead, Shah says, no matter what stocks we may hold.